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 Replies: 45 / Views: 6,964 |
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Previously Ousted
Canada
398 Posts |
they are all great looking coins.
BUT ..? will you ever get your investment back?
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Pillar of the Community
United States
1454 Posts |
CG, Personally, If I buy something, it's almost always because I like the design and have no interest in ever selling it. But, typically, I buy on ebay only after doing enough detailed research to know what the coin is worth. If I can't buy it close to its lowest resale value, I don't buy it at all, with few exceptions. |
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Rest in Peace
United States
9104 Posts |
Quote:
they are all great looking coins.
BUT ..? will you ever get your investment back? Coin collecting is a hobby. Some people see how many times they can ride a roller coaster, how many books they can read, or the like trying new restaurants, going to the movies, joy riding, etc. None of those hobbies are ever likely to pay back monetarily. |
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CCF Master Historian of USA Commemoratives
 United States
12308 Posts |
I believe I'm in the same camp as traevin and biggfredd...
Modern NCLTs are one part of my overall collecting. The Canadian NCLTs I purchase (mostly the silver dollars) are bought for the "joy of ownership" rather than potential ROI. I'm not sure I would enjoy the hobby as much as I do if my primary motivation was "How much am I going to make when I sell this coin?"
That doesn't mean I will purchase NCLTs that strike me as absurdly overpriced, I consider myself an intelligent collector afterall.
Happy Collecting!
Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Pillar of the Community
United States
1002 Posts |
I agree with the majority here. If this were all about return on investment, this would be an investors' forum and not a coin collecting forum.
Again, like others, I try to buy smart and not overpay for something. However, I am in this for the enjoyment factor and not the investment return.
Unlike a lot of hobbies or other pleasure activities, there is some residual value. It may never exceed what you put into it; but whatever that value is, I consider it to be a bonus.
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Pillar of the Community
United States
1454 Posts |
If you truly want to do this as a money-making venture, why not think about becoming a dealer/supplier? It seems like that's the only sure way to make a profit in the numismatic arena.
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Pillar of the Community
United States
2408 Posts |
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Pillar of the Community
United States
1454 Posts |
Those are great, CC. I counted fourteen in my collection, with the Bluenose being one of my all-time favorites.
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Valued Member
Canada
178 Posts |
There's a lot of good stuff there CC. Never liked those square wildlife coins though. Maybe it's just me but I can't get into them.
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Pillar of the Community
Canada
3690 Posts |
Very nice collection CC. I quickly counted 53 in my collection and the Bluenose is one of my favourites too.
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Valued Member
Canada
322 Posts |
My favorite nclt right now is my long eared hedgehog..my favorite Canadian coin...Summer Moon Mask 2009.... I'm no Canadian coins are picture taking as you can see....  |
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Valued Member
Canada
457 Posts |
As soon as I seen the hedgehog I thought "Aww how cute " Then I seen the price  I'm going to pass on this one  |
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Pillar of the Community
United States
1454 Posts |
I'm with you, falcon. I assumed I'd be buying a couple until the dealers swooped in and bought the whole 2500 mintage lot and sent the prices into the stratosphere. It's all thanks to the Gulo Gulo, of course.
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Valued Member
Canada
322 Posts |
Traevin...say what..I bought it from a dealer...and at a fare price to boot.
Edited by Koin Hunter
04/08/2012 01:01 am
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Valued Member
Canada
457 Posts |
Hi koin hunter Could you tell me the name of the dealer you bought your hedgehog from Thanks  Edited by falcon
04/08/2012 01:15 am
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Replies: 45 / Views: 6,964 |
First Page
Posted 03/28/2012 12:57 am
